J.Jill, Inc. (JILL) To Go Ex-Dividend on September 18th

J.Jill, Inc. (NYSE:JILL) declared a quarterly dividend on Wednesday, August 28th, NASDAQ reports. Investors of record on Wednesday, September 18th will be paid a dividend of 0.07 per share by the specialty retailer on Wednesday, October 2nd. This represents a $0.28 annualized dividend and a yield of 1.09%. The ex-dividend date is Wednesday, September 18th.

J.Jill has a dividend payout ratio of 7.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect J.Jill to earn $3.66 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 7.7%.

J.Jill Trading Up 2.6 %

NYSE JILL opened at $25.60 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76. The company has a market cap of $275.20 million, a price-to-earnings ratio of 7.64 and a beta of 0.61. J.Jill has a twelve month low of $23.06 and a twelve month high of $40.61. The business’s fifty day moving average is $33.99 and its 200 day moving average is $31.46.

J.Jill (NYSE:JILL) last posted its earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, topping the consensus estimate of $0.94 by $0.11. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. The business had revenue of $155.24 million for the quarter, compared to the consensus estimate of $155.13 million. During the same period last year, the company earned $1.10 EPS. As a group, sell-side analysts expect that J.Jill will post 3.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

JILL has been the subject of a number of recent research reports. Jefferies Financial Group decreased their price objective on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. BTIG Research began coverage on J.Jill in a research note on Wednesday, July 10th. They issued a “buy” rating and a $44.00 price objective on the stock. Lake Street Capital increased their price objective on shares of J.Jill from $38.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. TD Cowen dropped their price objective on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $38.00 target price on shares of J.Jill in a research note on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.33.

Insider Buying and Selling at J.Jill

In related news, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the transaction, the chief financial officer now directly owns 107,808 shares in the company, valued at approximately $3,483,276.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO Claire Spofford sold 13,490 shares of the firm’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $35.87, for a total value of $483,886.30. Following the transaction, the chief executive officer now owns 181,471 shares in the company, valued at $6,509,364.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark W. Webb sold 1,348 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the sale, the chief financial officer now owns 107,808 shares of the company’s stock, valued at approximately $3,483,276.48. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,538 shares of company stock valued at $947,187. Company insiders own 6.70% of the company’s stock.

About J.Jill

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.